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Last update: 7 hours ago

Iran-US brinkmanship: Trump says the US is holding off a planned attack on Iran, after warning the “clock is ticking,” while a new peace proposal is said to have been shared via Pakistan and talks remain deadlocked. Strait of Hormuz pressure: Iran is pushing new control and monetization tools for the Hormuz route, including a Bitcoin-backed shipping insurance service, as the wider energy squeeze keeps oil volatile. EU Syria shift: The EU renewed sanctions on former Assad-linked figures but delisted seven Syrian ministries, signaling a cautious easing after Assad’s fall. Gaza flotilla standoff: Turkey calls Israel’s interception of the Global Sumud Flotilla “piracy,” while Lebanon’s war death toll tops 3,000 amid continued Israel-Hezbollah fighting. Palestinian internal politics: Fatah’s leadership elections produced delayed results and renewed questions about Abbas’s grip. Regional diplomacy: Qatar praised Pakistan’s mediation for a US-Iran ceasefire, as Pakistan also condemns drone attacks on Saudi Arabia. Economy and fallout: The IMF warns Britain’s debt and Middle East-driven energy costs will complicate budgets, and the US extends a Russian oil-at-sea waiver to blunt supply shocks.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Trump Claims Middle East Diplomacy Prevented Imminent US Military Action Against Iran

Trump Claims Middle East Diplomacy Prevented Imminent US Military Action Against Iran

Reuters: The war in the Middle East has already cost companies around the world $25 billion

Reuters: The war in the Middle East has already cost companies around the world $25 billion

Australian Energy Producers conference: Sector promises more oil and gas as Middle East disruption drags on

Australian Energy Producers conference: Sector promises more oil and gas as Middle East disruption drags on


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4 hours ago

Thousands Rally in Washington, DC in Support of a Democratic Republic in Iran and Against Executions and Dictatorship

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16 hours ago

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EIN Presswire

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18 hours ago

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May. 12, 2026

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MENAFN

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